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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Contingent Deferred Annuities AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-1-20, RELATING TO INSURANCE LAW DEFINITIONS, SO AS TO DEFINE THE TERM "CONTINGENT DEFERRED ANNUITY"; BY AMENDING SECTION 38-69-220, RELATING TO EXCEPTIONS FROM OPERATION OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, SO AS TO ADD AN EXCEPTION FOR CERTAIN PROVISIONS OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, AND TO PROVIDE THE DEPARTMENT OF INSURANCE MAY PROMULGATE REGULATIONS FOR NONFORFEITURE BENEFITS FOR CONTINGENT DEFERRED ANNUITIES IN THE DISCRETION OF THE DIRECTOR OF THE DEPARTMENT IN CERTAIN CIRCUMSTANCES; AND BY AMENDING SECTION 38-44-20, RELATING TO DEFINITIONS IN THE MANAGING GENERAL AGENTS ACT, SO AS TO MAKE A CONFORMING CHANGE. - RATIFIED TITLE us/states/sc South Carolina General Assembly 2025-2026 S 857 South Carolina S 857 (2025-2026)
bill
enacted
Turner
5 20 2 2026-01-28 2026-06-05 openstates ocd-bill/ca93938b-7a36-42e5-8c81-f4cc5ac80440 https://www.scstatehouse.gov/billsearch.php?billnumbers=857&session=126&summary=B 1d375d91833cefb784842c126fa895842ea72a5865ab9c342e0b9a395aff4c2f 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-sc

South Carolina S 857 (2025-2026) — Contingent Deferred Annuities

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-1-20, RELATING TO INSURANCE LAW DEFINITIONS, SO AS TO DEFINE THE TERM "CONTINGENT DEFERRED ANNUITY"; BY AMENDING SECTION 38-69-220, RELATING TO EXCEPTIONS FROM OPERATION OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, SO AS TO ADD AN EXCEPTION FOR CERTAIN PROVISIONS OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, AND TO PROVIDE THE DEPARTMENT OF INSURANCE MAY PROMULGATE REGULATIONS FOR NONFORFEITURE BENEFITS FOR CONTINGENT DEFERRED ANNUITIES IN THE DISCRETION OF THE DIRECTOR OF THE DEPARTMENT IN CERTAIN CIRCUMSTANCES; AND BY AMENDING SECTION 38-44-20, RELATING TO DEFINITIONS IN THE MANAGING GENERAL AGENTS ACT, SO AS TO MAKE A CONFORMING CHANGE. - RATIFIED TITLE

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Filed (filed) — source
  2. 01/28/2026 (committee substitute) — source
  3. 02/12/2026 (committee substitute) — source
  4. 02/18/2026 (committee substitute) — source
  5. 04/30/2026 (committee substitute) — source

Votes

  • Passage of Bill — 1050 (pass) · lower
  • 2nd Reading — 440 (pass) · upper

Sponsors

  • Turner — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2026-01-28 Introduced and read first time introduction, reading-1
  • 2026-01-28 Referred to Committee on Banking and Insurance referral-committee
  • 2026-02-12 Committee report: Favorable with amendment Banking and Insurance committee-passage-favorable
  • 2026-02-18 Committee Amendment Adopted amendment-passage
  • 2026-02-18 Read second time reading-2
  • 2026-02-18 Roll call Ayes-44 Nays-0
  • 2026-02-19 Read third time and sent to House passage, reading-3
  • 2026-02-24 Introduced and read first time introduction, reading-1
  • 2026-02-24 Referred to Committee on Labor, Commerce and Industry referral-committee
  • 2026-04-30 Committee report: Favorable Labor, Commerce and Industry committee-passage-favorable
  • 2026-05-05 Debate adjourned until Wed., 5-6-26
  • 2026-05-06 Debate adjourned
  • 2026-05-07 Read second time reading-2
  • 2026-05-07 Roll call Yeas-105 Nays-0
  • 2026-05-07 Unanimous consent for third reading on next legislative day
  • 2026-05-08 Read third time and enrolled passage, reading-3
  • 2026-05-14 Ratified R 157
  • 2026-05-18 Signed By Governor executive-signature
  • 2026-06-05 Effective date 08/16/26
  • 2026-06-02 Act No. 178

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ca93938b-7a36-42e5-8c81-f4cc5ac80440. Confidence: reported (aggregated from official South Carolina legislature records).